Lennar Class A
356 hedge funds and large institutions have $8.19B invested in Lennar Class A in 2013 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 115 increasing their positions, 144 reducing their positions, and 70 closing their positions.
17% more call options, than puts
Call options by funds: $258M | Put options by funds: $221M
1.12% more ownership
Funds ownership: 121.24% → 122.35% (+1.1%)
6% less funds holding
Funds holding: 379 → 356 (-23)
8% less capital invested
Capital invested by funds: $8.89B → $8.19B (-$707M)
20% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 144
24% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 70
50% less funds holding in top 10
Funds holding in top 10: 14 → 7 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$177M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$171M |
| 3 |
Goldman Sachs
New York
|
+$93.3M |
| 4 |
EC
Eminence Capital
New York
|
+$63.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$62.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$159M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$97.4M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$75.3M |
| 4 |
MGC
Merchants' Gate Capital
New York
|
-$51.2M |
| 5 |
GA
GRS Advisors
Chicago,
Illinois
|
-$49.2M |
LEN Hedge Fund Activity: Q3 2013 in Review
356 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q3 2013, worth a combined $8.19B — down 8% from $8.89B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of LEN and 53 opened new positions — a net loss of 17 holders — while 144 trimmed existing stakes and 115 added.
The largest buyer was Wellington Management Group, adding an estimated $177M. The largest seller was Fidelity Investments, cutting an estimated $159M.
- 356 institutional investors held Lennar Class A (LEN) as of Q3 2013, down from 379 in Q2 2013.
- Funds reported $8.19B of Lennar Class A stock for Q3 2013, down 8% quarter-over-quarter.
- 53 funds opened new Lennar Class A positions in Q3 2013 and 70 closed out, a net change of -17 holders.
- The largest Lennar Class A buyer in Q3 2013 was Wellington Management Group, an estimated $177M added.
- The largest Lennar Class A seller in Q3 2013 was Fidelity Investments, an estimated $159M sold.
Based on aggregated 13F filings for Q3 2013.